A kitchen remodel can be a big investment, depending on how much you upgrade. If you’re hoping you’ll make back the full price of the remodel when you sell your house, you’re wrong. According to realtor.com, the most you’ll make back is 81.10% from a minor kitchen remodel.
If you’re considering a kitchen remodel, it needs to be because you want a new kitchen, not because it will make you more money down the line. You will make some of that investment back, but not all of it.
However, a kitchen remodel will give you one of the best returns of any home upgrade. There’s nothing you can really do to your home to increase its value and make a profit. Home Appraising Group, home appraisers in New Jersey, says, “As a rule, the best ROI from renovating a home comes in the kitchen.”
But that’s only if you make the right choices when remodeling. There are some changes you can make that will actually decrease the value of your home. Here are a few dos and don’ts when remodeling your kitchen if you’re looking for a return on your investment.
Dos and Don’ts of Kitchen Remodeling
Do Replace Appliances, Preferably with Stainless Steel
Stainless steel is highly sought after by home buyers. Plus, appliances, in general, hold their value for a long time because they last for many years.
Choose energy-efficient appliances that have warranties, and if you don’t have a dishwasher, get one. The difference between the value of a house without a dishwasher and with one can be surprising. When buyers look for a home, a lack of a dishwasher can quickly take your home off their list.
Don’t Skimp on Cabinets
If you’re looking to upgrade your cabinets as well, make sure they match your appliances. And don’t get cheap materials.
They might look fine at first, but they won’t last long. You’ll end up with nice, stainless steel appliances that are surrounded by crumbling cabinets in a few years. That’s not a good look.
You’re better off adding new paint and hardware to older, sturdier cabinets than buying new, cheap ones. You can make them match your appliances, and they’ll add some character to the room.
Do Replace Your Countertops
Countertops can get messy after several years of use, especially if you don’t properly take care of them. Stains, chips, and burn marks might not be an issue for you if the counter is still functional, but if you’re looking to impress potential buyers, replacing your countertops is one thing you can do relatively cheaply that should be done before you sell your home.
That way, you’ll leave brand new, clean countertops for the next owners. This can differentiate you from most other homes in the area and bump you up their list when they weigh the pros and cons of each home.
If you’re looking for something functional that looks great and helps the environment, recycled glass countertops are a great option. They are scratch and heat resistant (though you should still be careful and clean them regularly), and they come in a variety of colors.
Don’t Choose Ceramic or Hardwood Flooring
Ceramic is very sturdy and it looks great, but it’s hard on the knees. You won’t want to spend a lot of time standing in the kitchen, a place where most people spend a lot of time standing and walking.
Instead, opt for softer floors, like cork and vinyl. These are easier on the knees and are less likely to shatter your dishes when they inevitably are dropped. If you must have tile flooring, choose porcelain instead.
Also, avoid hardwood floors in your kitchen. You do not want to get hardwood wet, and the kitchen is one of the top spots in your house for spills.
Do Invest in Proper Lighting
Don’t leave the next owner with one light source in the kitchen. The room will obviously need one large light in the center, but you will also need lighting over the countertops.
To go the extra mile, add lights under counters to make sure no spot gets left in the dark. You can even add dimmers to each light so they can be adjusted as needed.
Work with Professionals
As you can see, there’s a lot you can do that will boost the value of your home but just as much that can potentially decrease the value. A professional kitchen remodeler will be able to help you decide what works for you and what will get you the highest ROI when you decide to move.
Home appraisers can be tough to please, so it’s important to work with someone who knows the trends of the area you live in. What are your plans for renovating your kitchen? Do you have someone in mind to work with? Let us know in the comments below!